Robust Memorial Day weekend sales also bolstered retail auto deliveries, carmakers said. “The U.S. economy remains on a favourable trajectory,” said Ford Motor Co (F.N) chief economist Emily Kolinski Morris during a media briefing call on Friday. Ford estimated full-year industry sales could fall slightly to the high 16 million to low 17 million range, as automakers trim low-margin sales to fleet customers and deal with an increase in used cars coming off lease to compete with new vehicles. …read more
Source:: Yahoo Finance
